20% of all new auto sales in 2007 were leased. This number easily rises in 2008. People fall into this temptation not knowing the basic rules which can be a trap for them later.

Many dealers advertise lease deals on the new vehicles for only $175-250 a month, though their real price is about $500 a month. The commercials don’t say, you have to pay more if you don’t give enough down payment or drive too much, a person realizes this only when he reads the contract or faces the reality by “breaking” the rules of the agreement.

The best 2008 lease deals offer you really low prices: Nissan Sentra - $175 a month, Honda Civic - $199, Volkswagen Beetle - $249, Chrysler Touring - $259… But don’t forget to check out the mileage limit: Nissan, Honda and Volkswagen will be at a low price with 12,000 miles a year, while Chrysler and some other brands ask you not to exceed 10,500. Just for a record it is necessary to say, an average driver uses about 15,000 miles a year.

Lease companies also require a perfect condition of a vehicle which is not always possible even for a very careful driver. And in addition to this the auto has to get regular oil change and tire rotation.

We don’t deny for some people a lease is really the best way out of a present situation, but it is always necessary to be a cautious person before you decide to make an important step like this.